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A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser. A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO. A BPO can be either an exterior drive-by or a full interior report.
Mount Joy is located in northwestern Lancaster County at (40.109895, -76.510977 Pennsylvania Route 230 passes through the center of town as Main Street, leading southeast 12 miles (19 km) to Lancaster, the county seat, and northwest 6 miles (10 km) to Elizabethtown.
ZCTAs or ZIP Code Tabulation Areas are the census equivalent of ZIP codes used for statistical purposes. The reason why regular ZIP codes are not used is because they are defined by routes rather than geographic boundaries. Thus, they have the tendency to overlap and otherwise create difficulties.
Real estate benchmarking is the standard of measurement used to analyze the financial characteristics of a real estate investment property. In the general sense, real estate benchmarking refers to the comparison of potential real estate investment properties against a predetermined framework of measurement. In a narrow sense, the term real ...
Four in 10 middle-class renters pay 30% or more of their incomes toward housing each month, NBC News analysis of U.S. Census Bureau data shows. People 2 months ago
In a new study, Realtor.com forecasted the American real estate and housing market of 2025 and predicted the 100 markets in America for the coming year. After crunching a complex series of numbers ...
Real estate economics is the application of economic techniques to real estate markets. It aims to describe and predict economic patterns of supply and demand . The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the business ...
Average mortgage rates for popular terms are finally inching down week over week as of Monday, December 2, 2024, with the 30-year fixed purchase rate retreating from 7.00%.